Full Circle LithiumFCLIF -4.29%29 Gross Margin % is 32.65% as of Jan. 2026, which is 45% below its 10-year median of 59.73. GuruFocus rates FCLIF with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 730 Metals & Mining companies, Full Circle Lithium ranks worse than 64.66% on this metric.
The historical rank and industry rank for Full Circle Lithium's Gross Margin % or its related term are showing as below:
FCLIF'
s Gross Margin % Range Over the Past 10 Years
Min: 16.47 Med: 59.73 Max: 78.57
Current: 16.47
During the past 5 years, the highestGross Margin % of Full Circle Lithium was 78.57%. The lowest was 16.47%. And the median was 59.73%.
FCLIF's Gross Margin % is ranked worse than 64.66% of 730
companies
in the Metals & Mining industry
Industry Median: 26.175
vs FCLIF: 16.47
Full Circle Lithium had a gross margin of 32.65% for the quarter that ended in Jan. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Full Circle Lithium was 0.00% per year.
Full Circle Lithium (OTCPK:FCLIF) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Full Circle Lithium had a gross margin of 32.65% for the quarter that ended in Jan. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Full Circle Lithium Gross Margin % Related Terms
Full Circle Lithium Gross Margin % Historical Data
* Premium members only.
The historical data trend for Full Circle Lithium's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Full Circle Lithium Gross Margin % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Full Circle Lithium's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Full Circle Lithium Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Full Circle Lithium's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Full Circle Lithium's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Full Circle Lithium (FCLIF) has a Gross Margin % of 32.65% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Full Circle Lithium and its competitors. This is 45% below median its historical median of 59.73. Over the past decade, Full Circle Lithium's Gross Margin % has ranged from 16.47 to 78.57. According to the industry distribution chart, Full Circle Lithium ranks #472 out of 730 companies in the Metals & Mining industry, placing it in the top 64.7%.
Is Full Circle Lithium's Gross Margin % too high?
Full Circle Lithium's current Gross Margin % of 32.65% is 45% below median its 10-year median of 59.73. Over the past 10 years, this metric has ranged from a low of 16.47 to a high of 78.57. The Metals & Mining industry median Gross Margin % is 26.18. Full Circle Lithium's value of 32.65% is 24.7% above this industry median. Based on the distribution chart, Full Circle Lithium ranks #472 out of 730 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Full Circle Lithium has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Full Circle Lithium's Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Full Circle Lithium ranks #472 out of 730 companies for Gross Margin %. This places Full Circle Lithium in the lower half of its industry. The industry median Gross Margin % is 26.18. Full Circle Lithium's value of 32.65% is 24.7% above this benchmark. Historically, Full Circle Lithium's own Gross Margin % has ranged from 16.47 to 78.57 over the past decade. While the company's 10-year median is 59.73 vs. the industry median of 26.18, Full Circle Lithium has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.18, based on 730 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Full Circle Lithium's current Gross Margin % of 32.65% is 24.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Full Circle Lithium and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Full Circle Lithium's current Gross Margin % is 32.65%, which is 45% below median its own 10-year median of 59.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Full Circle Lithium stock overvalued right now?
Full Circle Lithium (FCLIF) has a current Gross Margin % of 32.65%. The current Gross Margin % is 32.65%, which is 45% below median its 10-year median of 59.73 and 24.7% above the Metals & Mining industry median of 26.18. Full Circle Lithium's overall GF Score™ is 29/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Full Circle Lithium (FCLIF), the current Gross Margin % is 32.65% as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Full Circle Lithium Corp is a lithium processor focused on lithium and battery materials reintegration to meet the demand for crucial battery-grade raw materials, utilizing proprietary technology and know-how. Full Circle is focused on three complementary battery material processing divisions: battery recycling from end-of-life lithium-ion batteries, lithium feedstock recycling from industrial and chemical feedstock, and lithium refinery from upstream feedstock. It operates in only one reportable segment, being the manufacture and sale of a lithium-ion battery fire extinguishing agent, FCL-X. The geographic revenue is derived from United States.
29GF Score
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